Samsung Chip

Samsung's earnings were dented by rising research and development costs and the ramp-up of manufacturing capacity for advanced chips

A slew of analysts have cut their earnings estimates in recent weeks, with some expecting operating profit to fall below 8 trillion won

Samsung named Jun Young-hyun as its co-CEO as well as head of its memory chip business and appointed Han Jin-man as company president and head of the foundry business

The Dutch company did not name clients who have delayed their fabs. Reuters is the first to report that Samsung has pushed back deliveries of some ASML equipment

Samsung's late response to the AI chip market increases its reliance on traditional, lower-margin chips, making it more vulnerable to competition from China and slowing demand for smartphones and PCs

Many workers wearing Samsung's blue-colour uniform shirt were seen sitting inside a makeshift tent outside the factory

The South Korean technology giant's 12-layer version of HBM3E chips, however, has yet to pass Nvidia's tests, the sources said, declining to be identified as the matter remains confidential

Meta's Mark Zuckerberg invited Jay Y Lee to his home on Tuesday and their discussions spanned AI as well as virtual and augmented reality, Samsung said in a statement

The reasons for Samsung failing Nvidia's tests are being reported for the first time

Analysts have estimated Samsung is likely to begin making 4-nanometer chips at its pilot production line and eventually expand to 2-nanometer chips

The announcement will cap off a string of major Chips and Science grants in quick succession as the US seeks to expand domestic chip production

Korea's largest company reported a 35% fall in operating income to 2.8 trillion won ($2.1 billion), about 24% shy of estimates. Revenue slid more than anticipated to 67 trillion won

Incorporating AI directly into imaging sensors is expected to result in improving image quality while lowering both latency and power consumption

Revisions to TSMC's and Samsung's plans would mean their new plants, worth tens of billions of dollars, may only come online after the US presidential election next year

While TSMC and Samsung were making strides in reducing the transistor size in their chips, Intel was still stuck with its Intel 10 (10nm equivalent semiconductor manufacturing process) up until 2020

Successor to the Galaxy S21 FE, the upcoming smartphone in the fan-edition series is expected to be powered by Exynos 2200 system-on-chip in India

The stock slid 2.4% in Seoul, the most in three months, after Samsung reported a larger-than-anticipated 22% decline in sales to 60 trillion won ($46 billion)

Samsung is reportedly planning to develop chips for XR (Extended Reality) devices as the company is expected to unveil a new XR headset sometime later this year or the first half of next year

Samsung Electronics said Friday it's cutting the production of its computer memory chips in an apparent effort to reduce inventory as it forecasted another quarter of sluggish profit. The South Korean technology giant in a regulatory filing said it has been reducing the production of certain memory products by unspecified meaningful levels to optimize its manufacturing operations, adding it has sufficient supplies of those chips to meet demand fluctuations. The company predicted an operating profit of 600 billion won ($455 million) for the three months through March, which would be a 96% decline from the same period a year earlier. It said it sales during the quarter likely fell 19% to 63 trillion won ($47.7 billion). Samsung, which will release its finalized first quarter earnings later this month, said the demand for its memory chips declined as a weak global economy depressed consumer spending on technology products and forced business clients to adjust their inventories to nurse

Samsung has said its strategy historically has been to keep spending during downturns to increase its competitive position